Description:

The purpose of the Nurse Educator Loan-For-Service is to enhance the ability of college and university employed nursing educators to obtain Bachelor of Science, Master of Science and Doctor of Philosophy degrees.For every year of service provided, a portion of the loan will be forgiven. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness. Penalties will be assessed if the service agreement is not satisfied.

Award:

The award may not exceed $7,500.00 per year.

Eligibility:

U.S. Citizen or eligible non-citizen

New Mexico Resident (12 consecutive months)

Enrolled in at least 3 credit hours

Officially accepted into a Nursing program at a New Mexico public college or university

Currently employed full-time or declare intent to be employed as a full-time nurse educator at an eligible institution

How to Apply:

Complete the Loan-For-Service Application

Completion of the school certification section within the application by the institution

Submit the complete application packet to the New Mexico Higher Education Department

Current program recipients will need to apply each year for funding

When to Apply:

The application opens every year on May 15th and closes on July 1st.

Where to Apply:

The application will be available on the bottom of this page starting May 15th and will be removed from the page on the closing date of July 1st.

Highlights

When you provide a check as payment, you authorize the State of New Mexico to either use information from your check to make a one-time electronic fund transfer from your account or to process the payment as a check transaction

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